PPRuNe Forums - View Single Post - UK Goverment asks Argentina for our cash back..
Old 18th Apr 2012, 20:09
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NutLoose
 
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Perhaps they plan to give us shares in their new oil company......

Argentina has sent shock waves through the oil industry by announcing plans to nationalise local oil assets controlled by Spanish company Repsol.
Mr Hague warned the move by President Cristina Fernadez to take over a large part of YPF, the country's biggest oil company, was part of a wider protectionist agenda.
Repsol would see its stake reduced from 57% to 6% as a result, potentially losing billions of dollars.

Repsol Takeover: William Hague Criticises Argentina Plans To Nationalise Oil Company | World News | Sky News
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